Friday, December 17, 2010

Daryl Guppy multiple moving average

Amplify’d from www.guppytraders.com
GUPPY MULTIPLE MOVING AVERAGE

This indicator was developed by
Daryl Guppy. It is fully explained in TREND
TRADING
. Captures the inferred behaviour of traders and
investors by using two groups of averages. Uses fractal repetition
to identify points of agreement and disagreement which precede
significant trend changes.

ADVANTAGES


  • Better understanding of trend strength

Effective evaluation of unusual price
movements, such as dips and spikes

DISADVANTAGES

Not effectively applied to  trend less stocks
Do
not use as a moving average crossover signal
Read more at www.guppytraders.com
 

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